Seftembeb 1, 1914.) 



THE INDIA RUBBER WORLD 



663 



Co. work was resumed on Wednesday, July 29, the plants start- 

 ing on full time with a nearly full complement. The former 

 employs approximately 1,500 and the Millville plant about 600 

 hands. It is expected that there will be fairly steady work dur- 

 ing the fall and winter, as stocks throughout the country aro 

 low and orders are being received in considerable volume. 



The .Mice mill closed down June 20 and the Millville plant on 

 June 30 for the summer shutdown and for repairs and improve- 

 ments to the machinery. The management had hoped that con- 

 ditions would be in such shape that work could lie resumed by 

 July 24, but deiays caused the reopening to be put off until the 

 later date. Five new magnetic safety clutches were installed 

 during the shut-down at the .Mice mill. 



The creditors of the Walpole Tire & Rubber Co. early in the 

 month received a third dividend of four per cent, through a de- 

 cree entered in the United States District Court at Boston by 

 Judge Dodge. This dividend released about $50,000 to the 

 creditors, making a total of 12 per cent, which they have re- 

 ceived from the estate to date. The suspended .\tlantic Na- 

 tional liank of this city is one of the large creditors of the de- 

 funct company. The Walpole Tire & Rubber Co. was the owner 

 of the Consumers' Rubber Co., of Bristol, which concern is in 

 the hands of Robert A. Emerson, receiver. 



The auction sale of the Walpole Tire & Rulilier Co., which 

 was to have taken place on August 12, has been indefinitely 

 postponed by order of Federal Judge Dodge, owing to unfavor- 

 able financial conditions resulting from the European war. .A 

 hearing will be given on September 8, when another dale may 



be set for the sale. 



* * * 



The factory of the Xational India Rubber Co. at Bristol is 

 increasing its production as the season advances, and large 

 shipments are being made to different parts of the world, in- 

 cluding points in .A.ustralia, Japan, the Argentine Republic, 

 Brazil and many places in the West and Middle West. The 

 department for the production of lawn tennis shoes is booming, 

 the present daily output being more than 20,000 pairs. The other 

 departments of the plant, especially those devoted to arctics 

 and gum shoes, are also busy. 



The output of rub'ier .shoes is steadily increasing. Recently 

 250 cases of rulibcr shoes were shipped from the P>ristol factory 

 to Sao Paulo. Brazil, and another lot almost as large was shipped 

 to Buenos Aires, Argentine Republic. There was also a ship- 

 ment of rubber shoes from the Xational company early in the 

 month to Sydney, New South Wales, by way of the Pacific 

 Coast, the lot consisting of twenty-one cases. This department 

 employs a large force and new hands are being engaged to keep 

 tip with the orders. 



Insulated wire of different sizes is also being shipped in large 

 quantities. One shipment to Chicago recently contained 36.700 

 pounds. Reels of insulated wire weighing six tons were shipped 

 to Lancaster, N'ew York. This company supphed a considerable 

 quantity of this wire to the Panama Canal. 



* * * 



The Bourn Rubber Co., of Providence, is well established 

 in the new quarters secured to take the place of the factory de- 

 stroyed l)y fire a few months ago. The building now occupied 

 is 200 feet long and approximately 50 feel wide, its capacity 

 being more than double that of the old plant. This company, 

 which within a month from the time of the fire was turning out 

 80 per cent, of the new capacity, is running full on ten hours 

 per day. 



Samuel Norris, secretary of the United States Rubber Co., 

 who is spending the summer at Bristol, accompanied by Mrs. 

 \orris, sailed from New York on July 25 on the steamship 

 "Caledonia" for a visit of several weeks in Scotland. 



THE RUBBER TRADE IN CHICAGO. 



Hy Our Regular Correspondent. 



"T^HE conditions in the local rubber trade, which were greatly 

 ■*• disturbed by the sudden declaration of war in Europe and 

 the beginning of the international conflict, became more settled 

 as the month drew to a close. With all importation threatened 

 in a serious manner, trade and banking circles of this city were 

 in a state bordering on panic for a number of days. Within a 

 short time, however, the situation cleared, and conditions are 

 now normal again. 



The trade here is optimistic. The concerns report an excellent 

 business during the past month. A number of big meets have 

 been held, including one at Elgin, and Chicago automobile en- 

 tluisiasts, taking advantage of the good road conditions, have 

 journeyed dnwn to the nearby town to see the event. 



* * * 



Belling manufacturers report greater sales for the month than 

 during the corresponding period of last year, with the market 

 for packings equally favorable, while the extent of building opera- 

 lions in this middle western section promises a large demand in 

 mechanical lines. The demand for hose has been normal. 



* * * 



.\ new belling concern is soon to enter the local field. It has 

 lieen incorporated under the name of the McCauley Belting Co., 

 with a capital slock of $10,000, the incorporators being James J. 

 McCauley, S. D. Fink and J. P. Grier, all experienced rubber 

 men well acquainted with the trade in Chicago and vicinity. It 

 is understood that the new firm will locate in the wholesale dis- 

 trict, opening within a few weeks, handling not only belting, but 

 a general line of mechanical rubber goods, packings, etc. 



NEW MEMBERS OF THE EUBBEB CLUB. 



.Vl the last meeting of the executive committee of the Rubber 

 Club of -America several new members were elected, as follows : 

 Firm members — Mansfield Tire & Rubber Co.. Mansfield, Ohio, 

 G. W. Ilenne, representative; Charles E. Wood. 24 Stone street, 

 Xew York (Transfer of associate membership). Active members 

 — .Albert V. Thalhimer. of the United States Rubber Reclaiming 

 Co., Inc., 30 East F-ortj'-second street. New York; George E. 

 Goodwin, of the United States Rubber Co., 140 Essex street, 

 Boston. Associate members — Raymond E. Drake, of the Avon 

 Sole Co., Avon, Massachusetts ; Robert J. Wilkie. Kimball 

 Huilding, Boston ; George W. Martin, of the Jenckes Spinning 

 Co., Pawtucket. Rhode Island ; A. Boyd Cornell, of the Empire 

 Rubber & Tire Co.. Trenton. Xew lersev. 



LiatriDATION OF THE KORNIT COMPANY. 



By the decision of the referee in bankruptcy, the creditors of 

 the Kornit Manufacturing Co., against which a petition in in- 

 voluntary bankruptcy was filed in X^ewark in August, 1909, will 

 receive only $3,561.03 of the assets of that company. $6,000 of the, 

 $9,561.03 salvage going to the company's counsel. This company, 

 as will doubtless be recalled, was incorporated in 1904 under the 

 laws of the Stale of Xew Jersey with a capital stock of $500,000. 

 to manufacture an insulating material and hard rubber substitute 

 from the horns and hoofs of cattle. Quarters were secured in 

 Belleville, New Jersej', and a small amount of the product, known 

 as "Kornil," was produced, but a fire destroyed the premises 

 on March 1, 1907, terminating production. The investors, who 

 had put large sums into the enterprise, becoming suspicious, an 

 investigation was instituted which led to the conviction of the 

 principals in the promotion of the company — Charles E. Ellis, 

 president, and Edwin R. Graves, vice-president — on a charge of 

 using the mails with intent to defraud, and both were sentenced 

 to three years in the Federal prison at .Atlanta, their terms com- 

 mencing November 2, 1910. 



